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jackson227

05/08/09 12:24 PM

#70213 RE: p_chen #70210

$30B is atleast what they were worth, now tack on damages, and the result would be higher .

Either way, those who say that $10-$12 is too high are being foolish.
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thepennyguy

05/08/09 12:31 PM

#70215 RE: p_chen #70210

wait a minute! JPM offered $8 a share before they stole wamu, its not like other banks were jumping and offering more. What we think it's worth and what it's actually worth are 2 different things. Who here has sold a car privately and has sold at its full asking price? If you said yes, you under priced it in the first place.